LegalNewsLine Logo  
Wednesday, May 16 2012 Twitter  feedburner  yahoo  Subscribe in NewsGator Online
News | Contact LegalNewsline | About Us | Advertise | RSS
Enter search keyword
 
clear
clear
NEWSLETTER
Receive our FREE weekly newsletter
click here
Today's Offers:

LNL MOST POPULAR ARTICLES
+ Dem. Congressman calls attorneys who contacted him 'parasites'
+ Second Circuit rules against NLRB in Starbucks case
+ Union fines worker for working during strike
+ South Jersey couple settles over modular home business
+ Calif. bill targeting ADA lawsuit reform clears committee
LNL HOT TOPICS
+ Asbestos
+ Big Pharma
+ BP Oil Spill
+ Class Action
+ Dickie Scruggs
+ Federal Government
+ Financial Crisis
+ Global Warming
+ Hurricane Katrina
+ Lead Paint
+ Sub-Prime Mortgages
+ Tobacco
State Supreme Courts 
story date  
Conn. SC backs Blumenthal in suit against Marsh & McLennan
norcott.bmp
Norcott
clear
blumenthal.jpg
Blumenthal
HARTFORD, Conn. - Connecticut's Supreme Court recently gave Attorney General Richard Blumenthal the ruling he needs to proceed with his suit against insurance broker Marsh & McLennan.

The Court decided Wednesday Blumenthal is allowed to request compensation for damage done to the state's economy in his suit against Marsh, which alleges bid-rigging and contract steering in the insurance industry.

"The Court preserved a powerful, potent weapon to fight violations of antitrust laws," Blumenthal said. "This law allows my office to strongly and severely punish illegal and anticompetitive business practices that ripple through the state economy, stealing hard-earned dollars from consumers and honest businesspeople."

A lower court had agreed with Marsh's argument. The company claimed the general economic damages claimed by the state, specifically a diminution of funds available to circulate throughout the state's economy, were the same as damages claimed by allegedly affected businesses. It also said a monetary figure would be nearly impossible to calculate.

The High Court unanimously disagreed with Marsh, ruling that a federal law that prevents such claims did not prevent Blumenthal from doing so. Only Connecticut, Virginia and Nevada have laws allowing them to seek damages for their states' economies in antitrust cases, Blumenthal said.

"In our view, the defendants' arguments with respect to the potentially duplicative nature of the damages and injuries pleaded in the State's complaint implicate potential problems of proof rather than pleading," Justice Flemming Norcott wrote.

"It is well settled that antitrust injury and damages may be determined by statistical models explained by expert testimony...

"Thus, although the defendants may be correct that the State's economic models are unable to separate its claimed general economy damages from those recoverable under (state antitrust law), it nevertheless would be premature for us to make that determination on the pleadings alone before any discovery has been conducted."

Former New York Attorney General and Gov. Eliot Spitzer, recently involved in a prostitution scandal, publicized his battle against Marsh & McLennan while Attorney General. His lawsuit led to an $850 million settlement.

The company was also sued by Ohio Attorney General Marc Dann. Blumenthal's suit was filed in 2005.

Filed Under: State Supreme Courts

E-mail this article to a friend | Printer friendly format

MORE NEWS HEADLINES:
+ Mich. SC justice under scrutiny for real estate transactions - 5/16   read more
+ Dickson selected as head of Ind. high court - 5/16   read more
+ Kan. SC: Retail price maintenance illegal under state law - 5/15   read more
+ Conn. SC: Employer liable for sexual harassment - 5/14   read more
+ Md. SC: Circuit court went too far in dismissing wrongful death s... - 5/14   read more
+ Utah SC finds in favor of tenants in lawsuit over arson - 5/14   read more
+ Miss. SC shoots down wrongful death suit over lung disease - 5/14   read more
+ W.Va. SC upholds pay increase for region's DOH workers - 5/14   read more
+ Special prosecutor wants three-judge panel to hear Prosser case - 5/11   read more
+ International judges elect Wis. SC justice to serve as delegate - 5/11   read more


IN THE SPOTLIGHT:
Friday, May 11, 2012
BATON ROUGE, La. (Legal Newsline) - A video has recently surfaced that shows a consultant advising a group of trial lawyers to find the defendants with deep pockets when pursuing a "legacy lawsuit."
Read more...


+ Defendants mount arguments for keeping Colossus in federal court - 5/8
+ Alaska AG says EPA's actions 'unlawful' - 4/30
+ U.S. SC won't take on torture case against Chevron - 4/27
+ Judge in Ark. Colossus class action did not 'play' - 4/25
+ Ark. jurisdiction battle an interesting one, professor says - 4/12
BROWSE BY STATE:
 
BROWSE BY AG:
 
BROWSE BY DATE:
 
NEWS WIDGET:
Attention bloggers:
Add Record Headlines to your site!


fast + free- click here
NEWS | CONTACT LEGALNEWSLINE | ABOUT US | ADVERTISE | RSS © 2008 LegalNewsLine.com. All Rights Reserved.